Stock Price Action: Why Stone House Capital Management Reported Big Usa Truck Inc Position?

Stock Price Action: Why Stone House Capital Management Reported Big Usa Truck Inc Position?

The New Stone House Capital Management Holding in Usa Truck Inc

Stone House Capital Management filed with the SEC SC 13G form for Usa Truck Inc. The form can be accessed here: 000092189516006201. As reported in Stone House Capital Management’s form, the filler as of late owns 7.1% or 588,961 shares of the Transports–company.

Usa Truck Inc stake is a new one for the and it was filed because of activity on November 15, 2016. We feel this shows Stone House Capital Management’s positive view for the stock.

Usa Truck Inc Institutional Sentiment

Latest Security and Exchange filings show 74 investors own Usa Truck Inc. The institutional ownership in Q3 2015 is high, at 74.65% of the outstanding shares. This is decreased by 370608 the total institutional shares. 6188382 were the shares owned by these institutional investors. In total 9 funds opened new Usa Truck Inc stakes, 33 increased stakes. There were 14 that closed positions and 25 reduced them.

Wall Street Associates is an institutional investor bullish on Usa Truck Inc, owning 167500 shares as of Q3 2015 for 0.55% of its portfolio. Wilmot B. Harkey And Daniel Mack Nantahala Capital Management Llc owns 303727 shares or 0.71% of its portfolio. TX Limestone Value Partners Llc have 1.33% of their stock portfolio for 63400 shares. Further, Grace & White Inc reported stake worth 1.43% of its US stock portfolio. The NY Claar Advisors Llc owns 237926 shares. Usa Truck Inc is 2.25% of the manager’s US portfolio.

Business Profile

USA Truck, Inc. is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). The Trucking segment consists of truckload and dedicated freight services. The SCS segment consists of freight brokerage and rail intermodal services. The Company transports full dry van trailer loads of freight from origin to destination without intermediate stops or handling. The Company offers a range of truckload and logistics services to a customer base that spans a range of industries. The Company’s fleet of approximately 1,832 tractors consists of 1,568 company tractors and 264 independent contractor tractors. The Company owns approximately 6,200 trailers. The Company also transports general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo, Texas.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 0.53 in Q2 2016. Its down 0.28, from 0.81 in 2016Q1. The ratio turned negative, as 10 funds sold all USA Truck, Inc. shares owned while 30 reduced positions. 10 funds bought stakes while 11 increased positions. They now own 5.26 million shares or 4.91% less from 5.53 million shares in 2016Q1.

Parametric Portfolio Associates Ltd Company has invested 0% of its portfolio in USA Truck, Inc. (NASDAQ:USAK). Alliancebernstein Ltd Partnership has 35,010 shares for 0% of their US portfolio. Diam Commerce reported 4,695 shares or 0% of all its holdings. Blackrock Fund has 230,887 shares for 0% of their US portfolio. Mckinley Mngmt Ltd Llc Delaware holds 0.05% or 59,582 shares in its portfolio. National Bank Of Mellon holds 0% of its portfolio in USA Truck, Inc. (NASDAQ:USAK) for 43,054 shares. Northern Tru Corporation holds 112,780 shares or 0% of its portfolio. Deutsche Natl Bank Ag has 3,107 shares for 0% of their US portfolio. Nationwide Fund last reported 0% of its portfolio in the stock. Retail Bank Of Montreal Can, a Ontario – Canada-based fund reported 1,185 shares. Acadian Asset Mgmt Llc has invested 0.03% of its portfolio in USA Truck, Inc. (NASDAQ:USAK). Tower Rech Capital Limited Liability Company (Trc) has 0% invested in the company for 1,417 shares. Renaissance Technology Limited Liability Company accumulated 176,700 shares or 0.01% of the stock. Jpmorgan Chase Co has 753,930 shares for 0% of their US portfolio. Blackrock Advisors Ltd Liability holds 0% of its portfolio in USA Truck, Inc. (NASDAQ:USAK) for 5,066 shares.

Insider Transactions: Since June 6, 2016, the stock had 3 buys, and 0 sales for $50,288 net activity. $49,485 worth of USA Truck, Inc. (NASDAQ:USAK) shares were bought by GLASER THOMAS M. $401 worth of shares were bought by Faulkenberry Barbara J on Monday, November 14.

The stock increased 7.46% or $0.66 during the last trading session, hitting $9.51. About 79,113 shares traded hands or 35.72% up from the average. USA Truck, Inc. (NASDAQ:USAK) has declined 49.02% since April 15, 2016 and is downtrending. It has underperformed by 53.64% the S&P500.

USA Truck, Inc. is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The company has a market cap of $72.52 million. The Firm operates through two divisions: Trucking and Strategic Capacity Solutions . It currently has negative earnings. The Trucking segment consists of truckload and dedicated freight services.

USA Truck, Inc. (NASDAQ:USAK) Ratings Coverage

Out of 2 analysts covering USA Truck (NASDAQ:USAK), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $23.50 is the highest target while $9 is the lowest. The $18.50 average target is 94.53% above today’s ($9.51) stock price. USA Truck has been the topic of 5 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The stock of USA Truck, Inc. (NASDAQ:USAK) has “Hold” rating given on Wednesday, March 23 by Stifel Nicolaus. Zacks upgraded it to “Hold” rating and $23 target price in Wednesday, August 19 report. Stifel Nicolaus downgraded the shares of USAK in a report on Thursday, April 7 to “Sell” rating. The stock of USA Truck, Inc. (NASDAQ:USAK) earned “Outperform” rating by Cowen & Co on Thursday, November 5. Stifel Nicolaus upgraded the shares of USAK in a report on Monday, November 7 to “Hold” rating.

Another recent and important USA Truck, Inc. (NASDAQ:USAK) news was published by Wsj.com which published an article titled: “USA Truck Appoints DHL Veteran as CEO” on January 14, 2016.

According to Zacks Investment Research, “USA Truck, Inc. is engaged in the transportation of general commodity freight in interstate and foreign commerce. They hold authority to transport and does transport freight between all points in the continental United States, other than intrastate, and between all points in the U.S., and the Canadian provinces of Ontario and Quebec.”

USAK Company Profile

USA Truck, Inc., incorporated on September 29, 1986, is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Firm operates through two divisions: Trucking and Strategic Capacity Solutions (SCS). The Firm transports full dry van trailer loads of freight from origin to destination without intermediate stops or handling. The Firm offers a range of truckload and logistics services to a customer base that spans a range of industries. The Company’s fleet of approximately 1,832 tractors consists of 1,568 firm tractors and 264 independent contractor tractors. The Firm owns approximately 6,200 trailers. The Firm also transports general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo, Texas.

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